The role of a securities lawyer involves advising clients, representing them before regulators in case of a dispute and when show-cause notices are issued, and appear on behalf of clients in courts.
A person accused of serious charges such as fraud, etc. cannot be denied the copy of the investigation report of SEBI
The finance ministry‘s move to amend the Securities Law in order to enable Sebi to regulate collective investment could be reactive, as they follow recent scams, but there definitely is need to expand the scope of the market regulator‘s power, says Sandeep Parekh, founder, Finsec Law Advisors.